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1] I just got my gauntlet offer today
2] I also just signed up to a NT Brokerage account with Philip Capital with the intention of trading the micro products.
For me theres a variety of factors:
+ liquidity of the micros isn't gonna be super healthy right away, and I'd rather not have to worry about the spread when getting out of positions on the micros. As a result i'l be very selective of trading them to begin with until things improve.
+ gauntlet offers a potential to gain significant spend power. and offers you the higher liquidity contracts. If you have a low risk system and can provide consistent returns, theres no reason why this couldn't get you sufficient capital to feel comfortable on your own account longterm after making a few benjamins.
- if you don't perform strongly on the gauntlet, you might be disappointed with the offer, and considering the cost and time effort this might feel bad. depends what your objective is. My main objective was learning. I feel like ive done this, so i'm satisfied. I *may* do another gauntlet in future after I feel like I can really crush it, but for now I'l focus with on what I've been offered, and trade sparingly on my own brokerage account. My own offer was quite low, because I shot myself in the foot quite a lot (I significantly changed my system over the course of the gauntlet ) , but it was my main goal in the end, all I wanted was access to the markets to learn from in the first place.
I may actually setup and maintain a journal soon, we will see
Would you mind sharing your Gauntlet results and the offer you received? This can help for other traders and potential Gauntlet customer to get a picture of what offers E2T gives.
This is what shooting yourself in the foot looks like , but on the upside terms get reviewed monthly anyway.
To those of you who skipped the previous posts, this algo traded unattended on a VPS while I was on my business trip, I left it to it's own devices when I wasn't developing it.
I took ~3 manual trades on the ES, but I don't plan to trade it at all.
When you did the Gauntlet....did you use Rithmic platform or NT platform...I used NT and because I was using NT Brokerage the Margin was twice the norm...and it was full margin...so trading NQ was 12000 set aside for 1 contract...My system called for 3 contracts so I was getting margin calls with a 25000 beginning margin....are they still doing that...
I was using a rithmic for ninjatrader brokerage connection.
The issue you are referring to is a bug with the SMAC risk calcs. They have since fixed this by using margin and position limits instead. Contact E2T support and ask them to check if you are using SMAC risk on your account as your margin is wrong.
For more info look at the E2T ask me anything thread, I queried this with Ryan and he explains the fix. If you log into Rithmic RTrader you can see if SMAC is on your account. best start there.
If nothing changes between now and Monday i will probably do another attempt to get a funded account.
However this time probably with OneUp, not Earn2Trade.
I did a lot of comparison between all the companies out there and with the discounts included i decided to go for OneUp.
Should i start a new thread or ask a moderator to change the title of this thread to something like: "My attempt at a funded account", so i can keep posting here without having to start a new thread?
) , but it was my main goal in the end, all I wanted was access to the markets to learn from in the first place.
, but on the upside terms get reviewed monthly anyway. 
